Oddbean new post about | logout
 Perhaps a reminder to those who are so worried about what comes next.  This is just a hurdle, not the end.  If your initial set-up has been on board & complicit with laws and regulations re exchange/transmission/trading of any currency, you have nothing to worry about.  Just like a corporation that it is being audited, if you have run it legit, have nothing to hide, you have nothing to worry about.  Unfortunately, many are panicking unnecessarily, as they do not have the experience dealing with the government.  That's the problem here.  And as a result are folding "unnecessarily."